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Topic: Popular Crypto Trader says “Bitcoin is likely to hit $60k+ this coming uptrend”. - page 2. (Read 440 times)

legendary
Activity: 2226
Merit: 1304
The truth is: nobody knows the future prices of any crypto  Cheesy

some people say 20k, 60k, 100k, who's right?

But we all have to agree, the trend is awesome, we are in a good moment and we all are expecting great prices
legendary
Activity: 1806
Merit: 1521
One of the well-known crypto trader Josh Rager is making a bold statement by calling for a rapid rise in BTC prices. This bitcoin prediction might sound interesting
when it hits the ears of bitcoin enthusiasts, who have faced an unstable journey last year.

What's your take on this?

Why would Bitcoin ever stop at 3x the last ATH? Roll Eyes

There is obviously no technical resistance at this level. A mere 3x above the 2017 is a much smaller move than all previous bubble cycles. And not just by a little bit, literally by > a power of 10. I don't know why people keep pushing these nonsensical theories. He's probably using arbitrary nonsense like this to make that call, with zero consideration for all of the past bubbles.

He's obviously another latecomer to the party who doesn't understand the Bitcoin market. He clearly understands basic technical analysis but I'm confident he doesn't understand Bitcoin nor the economic pressures driving its price. He's going to sell the next bubble far, far too low.

I'm glad there are so many people thinking this way though. So many calls for $50K-$100K in the next cycle makes me even more confident we're going much, much higher than that.
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
But I don't even know that guy. When bull run comes, everyone becomes popular and an expert. Coinpedia and other news agency should stop making content out of these people who are just tweeting their opinions.

I'm not looking forward to all the crypto bro fuckheads appearing out of nowhere spouting shite if things really take off. I hope at least there isn't another Bitconnect to ensnare the stupid and enrich them. No doubt they'll find something somewhere.
hero member
Activity: 2842
Merit: 625
"Well known"

But I don't even know that guy. When bull run comes, everyone becomes popular and an expert. Coinpedia and other news agency should stop making content out of these people who are just tweeting their opinions.

I won't be surprise if there will an unknown personality on twitter that will show some of his analysis with the market through a chart pattern. And suddenly will be written as content and news by a news agency like coinpedia.
legendary
Activity: 2114
Merit: 1292
There is trouble abrewing
people who are making random guesses about bitcoin price are not considered "popular" and most of them aren't even bitcoin traders, they are instead content creators who are making money from their "content" like their youtube videos, the services they sell,...

as for the "guess" itself, it have to say it looks more like attention grab guess which is a very common thing among this type of people. $60k price is on the horizon but not soon and certainly not with a "rapid rise" at this point since we are just starting to enter the bull market after a hanful of months.
hero member
Activity: 2646
Merit: 686
One of the well-known crypto trader Josh Rager is making a bold statement by calling for a rapid rise in BTC prices. This bitcoin prediction might sound interesting
when it hits the ears of bitcoin enthusiasts, who have faced an unstable journey last year.

What's your take on this?

Josh Rager statement won’t have any effect on bitcoin prices as these statements are getting very common these days, everytime bitcoin prices rally these traders/analysts come out and say these misleading statements. Bitcoin enthusiasts have indeed faced a hard time when bitcoin prices took a dump, but we have also learnt our lessons not to trust statements like this once again.
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
Hope not. We're not long out of beariness. The last thing I'm in the mood for is a short term bubble that pops once again and may leave another year or two of boredom and down.

I would much prefer the next 12 months to be steady and then the real move taking place into 2021. I don't think you reach 60k in a short time frame and not pay with a lengthy hangover.

mk4
legendary
Activity: 2786
Merit: 3845
Paldo.io 🤖
Meh. There are too much varying predictions from multiple different traders or "analysts" that these predictions are getting more and more irrelevant. If you were to follow predictions, you might as well use a dartboard.
sr. member
Activity: 1176
Merit: 301
It is always has been like that if the price increase drastically there would be some well known people who would state something insane to continue the hype.
They would create some bold statement to create FOMO and FUD so the investor or newbies would certainly fall for it.
It has happened before and mostly it would continue to happen in the future if you remember back in 2017 John McAfee made some bald statement to about Bitcoin reaching 100k or he would eat his own dick.
Every time that the price soar high there would be a statement that it would reach something insane price.
sr. member
Activity: 1134
Merit: 342
One of the well-known crypto trader Josh Rager is making a bold statement by calling for a rapid rise in BTC prices. This bitcoin prediction might sound interesting
when it hits the ears of bitcoin enthusiasts, who have faced an unstable journey last year.

What's your take on this?

After the price started to increase, the price prediction started to increase rapidly. But I guess there is no one who thinks these predictions can harm some people. Sometimes people believe in every guess and risk all their money by taking Bitcoin or altcoin. But, as we all know, the price of Bitcoin does not constantly increase! Please let us be more sensitive.
legendary
Activity: 3192
Merit: 1213
Enterapp Pre-Sale Live
One of the well-known crypto trader Josh Rager is making a bold statement by calling for a rapid rise in BTC prices. This bitcoin prediction might sound interesting
when it hits the ears of bitcoin enthusiasts, who have faced an unstable journey last year.

What's your take on this?
Same as the present market situation prevailed during the 2017 bull market and in no time the market began to collapse and majority of the users missed the opportunity. Now once again good growth is happening amd to the same more predictions were striking the market. Which is gonna coincide with the reality still under controversy, to hear about the $60k amd other predictions were pleasant. When someone comes up with a prediction it is a must to examine how many predictions from the respective person have come close to the reality.
jr. member
Activity: 289
Merit: 3
One of the well-known crypto trader Josh Rager is making a bold statement by calling for a rapid rise in BTC prices. This bitcoin prediction might sound interesting
when it hits the ears of bitcoin enthusiasts, who have faced an unstable journey last year.

What's your take on this?
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